Productivity Index of the Nigeria Power Sector

O. S.I. Fayomi; U. C. Esse; O. B. Fakehmde; A. O. Onakwai; K. M. Oluwasegun; T. C. Jen

doi:10.1063/5.0092671

Productivity Index of the Nigeria Power Sector

O. S.I. Fayomi, U. C. Esse, O. B. Fakehmde, A. O. Onakwai, K. M. Oluwasegun, T. C. Jen

Mechanical Engineering Science

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

1 Citation (Scopus)

Abstract

The Nigerian power sector has been plagued with numerous challenges characterized by poor generation transmission and distribution facilities. This is mainly due to the poor policies in place that has consistently frustrated the penetration of reliable investors who are able to bring transformation This study highlights the challenges faced in the industry and the opportunities for sustainable growth. The only way there can be an increase in productivity in the energy sector is the adoption of new and sustamable technologies from current best practices. This can only be actualized through a careful review of the policies regulating operators in the industry. With Nigena's growing population expected to hit over 400 million in 2050 to become the third most populous country in the world, following India and Chma in the second and first positions respectively, something has to be done now. The government has introduced different strategies to curb this problem including encouraging the participation of private investors, diversification of the available sources of energy and promoting efficiency for development. In addition to this, the government has invested billions of dollars on the acquisition of generation, transmission and distribution facilities. The conclusive part of this study revealed that renewable energy as an alternative energy source is required by Nigeria to complement other sources of energy to stimulate sustainable growth and development.

Original language	English
Title of host publication	Technologies and Materials for Renewable Energy, Environment and Sustainability, TMREES21Gr 2021
Editors	Auday Shaban, Akram R. Jabur, Michel Aillerie, Chafic-Touma Salame
Publisher	American Institute of Physics Inc.
ISBN (Electronic)	9780735443723
DOIs	https://doi.org/10.1063/5.0092671
Publication status	Published - 17 Aug 2022
Event	2021 Tmrees International Conference on Technologies and Materials for Renewable Energy, Environment and Sustainability, TMREES21Gr 2021 - Athens, Greece Duration: 28 May 2021 → 30 May 2021

Publication series

Name	AIP Conference Proceedings
Volume	2437
ISSN (Print)	0094-243X
ISSN (Electronic)	1551-7616

Conference

Conference	2021 Tmrees International Conference on Technologies and Materials for Renewable Energy, Environment and Sustainability, TMREES21Gr 2021
Country/Territory	Greece
City	Athens
Period	28/05/21 → 30/05/21

Keywords

Electricity
Power
Productivity
Supply
Sustamable

ASJC Scopus subject areas

General Physics and Astronomy

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

10.1063/5.0092671

Cite this

Fayomi, O. S. I., Esse, U. C., Fakehmde, O. B., Onakwai, A. O., Oluwasegun, K. M., & Jen, T. C. (2022). Productivity Index of the Nigeria Power Sector. In A. Shaban, A. R. Jabur, M. Aillerie, & C.-T. Salame (Eds.), Technologies and Materials for Renewable Energy, Environment and Sustainability, TMREES21Gr 2021 Article 020178 (AIP Conference Proceedings; Vol. 2437). American Institute of Physics Inc.. https://doi.org/10.1063/5.0092671

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abstract = "The Nigerian power sector has been plagued with numerous challenges characterized by poor generation transmission and distribution facilities. This is mainly due to the poor policies in place that has consistently frustrated the penetration of reliable investors who are able to bring transformation This study highlights the challenges faced in the industry and the opportunities for sustainable growth. The only way there can be an increase in productivity in the energy sector is the adoption of new and sustamable technologies from current best practices. This can only be actualized through a careful review of the policies regulating operators in the industry. With Nigena's growing population expected to hit over 400 million in 2050 to become the third most populous country in the world, following India and Chma in the second and first positions respectively, something has to be done now. The government has introduced different strategies to curb this problem including encouraging the participation of private investors, diversification of the available sources of energy and promoting efficiency for development. In addition to this, the government has invested billions of dollars on the acquisition of generation, transmission and distribution facilities. The conclusive part of this study revealed that renewable energy as an alternative energy source is required by Nigeria to complement other sources of energy to stimulate sustainable growth and development.",

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Fayomi, OSI, Esse, UC, Fakehmde, OB, Onakwai, AO, Oluwasegun, KM & Jen, TC 2022, Productivity Index of the Nigeria Power Sector. in A Shaban, AR Jabur, M Aillerie & C-T Salame (eds), Technologies and Materials for Renewable Energy, Environment and Sustainability, TMREES21Gr 2021., 020178, AIP Conference Proceedings, vol. 2437, American Institute of Physics Inc., 2021 Tmrees International Conference on Technologies and Materials for Renewable Energy, Environment and Sustainability, TMREES21Gr 2021, Athens, Greece, 28/05/21. https://doi.org/10.1063/5.0092671

Productivity Index of the Nigeria Power Sector. / Fayomi, O. S.I.; Esse, U. C.; Fakehmde, O. B. et al.
Technologies and Materials for Renewable Energy, Environment and Sustainability, TMREES21Gr 2021. ed. / Auday Shaban; Akram R. Jabur; Michel Aillerie; Chafic-Touma Salame. American Institute of Physics Inc., 2022. 020178 (AIP Conference Proceedings; Vol. 2437).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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AB - The Nigerian power sector has been plagued with numerous challenges characterized by poor generation transmission and distribution facilities. This is mainly due to the poor policies in place that has consistently frustrated the penetration of reliable investors who are able to bring transformation This study highlights the challenges faced in the industry and the opportunities for sustainable growth. The only way there can be an increase in productivity in the energy sector is the adoption of new and sustamable technologies from current best practices. This can only be actualized through a careful review of the policies regulating operators in the industry. With Nigena's growing population expected to hit over 400 million in 2050 to become the third most populous country in the world, following India and Chma in the second and first positions respectively, something has to be done now. The government has introduced different strategies to curb this problem including encouraging the participation of private investors, diversification of the available sources of energy and promoting efficiency for development. In addition to this, the government has invested billions of dollars on the acquisition of generation, transmission and distribution facilities. The conclusive part of this study revealed that renewable energy as an alternative energy source is required by Nigeria to complement other sources of energy to stimulate sustainable growth and development.

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KW - Supply

KW - Sustamable

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Fayomi OSI, Esse UC, Fakehmde OB, Onakwai AO, Oluwasegun KM, Jen TC. Productivity Index of the Nigeria Power Sector. In Shaban A, Jabur AR, Aillerie M, Salame CT, editors, Technologies and Materials for Renewable Energy, Environment and Sustainability, TMREES21Gr 2021. American Institute of Physics Inc. 2022. 020178. (AIP Conference Proceedings). doi: 10.1063/5.0092671

Productivity Index of the Nigeria Power Sector

Abstract

Publication series

Conference

Keywords

ASJC Scopus subject areas

UN SDGs

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